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§ Private Profile · San Francisco, CA, USA
Empowering Patients for Deep Real World Data
PicnicHealth has raised $97.0M across 4 funding rounds.
Key people at PicnicHealth.
PicnicHealth was founded in 2014 by Troy Astorino (Founder/CTO) and Noga Leviner (Founder/CEO).
PicnicHealth has raised $97.0M in total across 4 funding rounds.
Healthcare needs good data. At PicnicHealth, we are building deep real-world datasets fueling cutting-edge research while giving patients control of their own medical record data. These complete, clinically-rich datasets produce unique insights : across dozens of diseases : to ultimately get the right treatments into patients’ hands faster. We work directly with patients and leverage state of the art machine learning to transform messy medical records into structured, research-ready datasets. To date we’ve helped tens of thousands of patients securely access their records and proactively contribute to advancing research in diseases that impacts their lives.
Key people at PicnicHealth.
PicnicHealth is a patient-centered digital health company focused on empowering patients by giving them unprecedented access to and control over their complete medical records. It builds a platform that collects, organizes, and structures medical data from multiple providers and care sites, enabling patients to manage their health more effectively and contribute de-identified data to advance medical research. The company serves patients across over 30 diseases and partners with leading life sciences companies to provide comprehensive real-world evidence (RWE) datasets that support critical research questions in diverse therapeutic areas[2][3].
For an investment firm perspective, PicnicHealth’s mission is to advance the well-being of all people by improving access to medical data and enabling better research outcomes. Its investment philosophy would likely emphasize patient empowerment, data-driven healthcare innovation, and collaboration with biopharma and research institutions. The company operates primarily in the digital health and real-world data sectors, impacting the startup ecosystem by demonstrating how patient-centric data platforms can accelerate medical research and improve care coordination[1][2][3].
PicnicHealth was founded in 2014 by Noga Leviner, who experienced firsthand the challenges of managing her own healthcare data. Frustrated by the fragmented and inaccessible nature of medical records, she co-founded the company to fix this broken system and make it easier for patients to access and control their health information. The founding team includes Troy Astorino, CTO, with a background in physics and software engineering from MIT and experience at SpaceX and Lockheed Martin[3][4].
Early traction came from building a platform that could handle unstructured medical data—such as PDFs and doctor’s notes—and transform it into structured, usable records. PicnicHealth’s participation in Y Combinator in 2014 and winning Google’s $1 million Machine Learning Competition in 2017 were pivotal moments that validated its technology and growth potential[4][5].
PicnicHealth rides the trend of patient-centric healthcare and real-world evidence generation, which is increasingly critical as healthcare shifts towards personalized medicine and value-based care. The timing is favorable due to growing regulatory and industry emphasis on real-world data to complement clinical trials, and the increasing digitalization of health records. Market forces such as fragmented healthcare systems and the demand for better patient data interoperability work in PicnicHealth’s favor. By empowering patients and enabling high-quality data for research, PicnicHealth influences the broader ecosystem by accelerating medical discoveries and improving care coordination[2][4][5].
Looking ahead, PicnicHealth is poised to expand its reach to more patients and therapeutic areas, leveraging its machine learning capabilities and growing partnerships with biopharma. Trends shaping its journey include the rise of AI in healthcare data processing, increasing patient demand for data ownership, and regulatory support for real-world evidence. Its influence may evolve from a patient data platform to a critical infrastructure provider for real-world research, potentially integrating more clinical services and analytics capabilities[5][7].
PicnicHealth’s mission to empower patients and unlock the full potential of medical data positions it as a key player in transforming healthcare through data-driven insights and patient engagement.
PicnicHealth has raised $97.0M across 4 funding rounds. Most recently, it raised $60.0M Series C in June 2022.
PicnicHealth was founded in 2014 by Troy Astorino (Founder/CTO) and Noga Leviner (Founder/CEO).
PicnicHealth has raised $97.0M in total across 4 funding rounds.
PicnicHealth's investors include B Capital Group, Amplify Partners, Asset Management Ventures, TJ Nahigian, Bessemer Venture Partners, Costanoa Ventures, CRV, Felicis Ventures, Firstminute Capital, Friále, Hannah Grey, Insight Partners.